Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1885 Lexington Avenue #5A
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Active For Sale Co-op

$375,000

$474 per sq ft

1885 Lexington Avenue #5A

East Harlem, Manhattan

Lancaster Lexington

MLS® #RLS20072123

RLS at REBNY

Listing by Daniel Gale of Brooklyn LLC

2

Bedrooms

1

Bath

791

Sq. Ft.

2010

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 791 sq ft
Lot Size 6,564 sq ft
Year Built 2010
Ownership Co-op
Maintenance $1,250.88/mo
Neighborhood East Harlem

Property Highlights

  • Location: East Harlem, Manhattan
  • Property Type: Co-op
  • Built: 2010

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Pets Yes
Year Built 2010
Living Area 791 sq ft
Structure Type HighRise
Lot Size 6,564 sq ft
Block/Lot 01645/7502

Listing History

Event Date Price Change
Listed Feb 14, 2026 $375,000 -
Currently May 4, 2026 $375,000 -

Description

$7,500 BUYER CREDIT | 2 BED + IN-UNIT W/D | EAST HARLEM Own a thoughtfully designed 2-bedroom home in East Harlem with a rare financial advantage. For a limited time, the seller is offering a $7,500 credit (6 months of maintenance) for offers submitted and accepted by June 30th. Set within the well-established Lancaster Lexington Cooperative, this light-filled residence offers a calm retreat moments from the energy of the surrounding neighborhood. A gracious entry foyer with generous storage leads into an expansive living and dining area, where hardwood floors and oversized windows create an inviting and well-balanced atmosphere. The galley kitchen is efficiently designed with ample cabinetry, tiled flooring, and full-size appliances including a gas range, dishwasher, and microwave—well suited for both everyday use and entertaining. The primary bedroom comfortably accommodates a king-size bed and offers substantial closet storage. The second bedroom is equally well-proportioned, providing flexibility as a guest room, home office, or study. The bathroom features classic white tile and a deep soaking tub, maintaining a clean, timeless aesthetic. Additional highlights include thru-wall air conditioning and a rare in-unit stacked washer and dryer, delivering convenience not often found in this category. Lancaster Lexington is a full-service cooperative offering a virtual doorman system, elevator access, and a furnished rooftop deck with open city views. Located in the heart of East Harlem, you are surrounded by local cafés, markets, and dining, with Marcus Garvey Park nearby and Central Park just minutes away. Transportation is seamless with access to the 4, 5, and 6 subway lines, Metro-North Railroad, and multiple bus routes. LIMITED-TIME INCENTIVE: $7,500 SELLER CREDIT (6 MONTHS MAINTENANCE) — OFFER MUST BE SUBMITTED AND ACCEPTED BY JUNE 30TH. Please note: Income restrictions apply in accordance with 130% of Area Median Income (AMI). Buyers are encouraged to review eligibility guidelines prior to application. Pets are welcome.

Features & Amenities

Interior Features

In Unit

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $1,250.88/mo

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

66

Median Asking Price

$793K

Median $/Sqft

$831

Avg Days on Market

N/A

New This Week

7

Price Reduced

38%

Sold (30 Days)

8

Median Sale Price

$665K

Live data from RLS at REBNY • Updated 5/4/26, 2:49 PM EST

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Location

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1885 Lexington Avenue #5A, East Harlem, New York County

Virtual Tour

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2010
Year Built
16 years old
7
Floors
29
Residential Units
R7D
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,883,850
Land Value: $483,750
Exemptions: $4,764,358

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,564 SF
Building Area: 41,172 SF
Built FAR: 6.27
Allowed FAR: 4.66

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,250.88 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 791 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $375,000 for 791 sq ft, the asking price per square foot is approximately $474. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20072123
First Listed: 2/15/2026
On Market: 2/14/2026
Price Changed: 2/15/2026
Contract Date: 2/14/2026

Listing Courtesy of Daniel Gale of Brooklyn LLC - Andrew Moore

Listing Contact: (718) 638-6500

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 6:49 PM UTC

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